To dream that you are holding or using a video camera is an indication that you often make poor decisions. You often rely on your emotions rather than cold, hard facts. Consider using your wisdom, not your heart, when faced with a decision.
To dream that someone else is holding or using a video camera is sign that you have been spending time thinking about your past. You may simply be enjoying happy memories, or you may be using your past experiences in more constructive manner as you attempt to learn from past mistakes.